Discover an exceptional opportunity with 850 Line 15 North, Oro-Medonte. This expansive 99.79-acre property, boasting approximately 45 acres primed for development, presents unmatched potential for astute investors. The City of Orillia is currently evaluating the property for potential annexation into its settlement boundaries, with a decision anticipated within the next twelve months. This strategic move could lead to a favorable zoning change, likely incorporating residential and commercial uses, thereby significantly enhancing the property's value. The proposed future sewage pump station on Old Barrie Road underscores the area's commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects.
MLS# | 40698012 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 77 |
Listing Provided By | Century 21 B.J. Roth Realty Ltd. Brokerage | Kristen Shaylor |
Zoning | Agriculture/Rural |
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Acreage | 99.79 |
Province | ON |
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County | Simcoe County |
City | Oro-Medonte |
Postal Code | L3V 6H1 |
Area | Oro Medonte |
Subarea | OR62 Rural Oro Medonte |
Community Name | OR62 Rural Oro Medonte |
Listing VS Median (in OR62 Rural Oro Medonte) | |
Price: $4,200,000 low | high Med: $1,607,450 On site: 77 low | high Med: 75.000000 |